2006 Best Practices Study
AGENCIES WITH REVENUES BETWEEN $2,500,000 AND $5,000,000
2.
Most Successful Producer Productivity
2006
Commercial P&C
Group L&H
$87,547 $90,127
Average
New Commissions Produced Annually
$160,443 $208,796
Top 25%
PROFILE
$676,549 $472,964
Average
Total Commissions in Producer’s Book
$1,191,197 $837,565
Top 25%
$6,459
$4,335
REVENUES/ EXPENSES
Average
Average Commissions per Account
$16,369 $10,819
Top 25%
FINANCIAL STABILITY
How Most Successful Producers Spent Time
EMPLOYEE OVERVIEW
Commercial P&C Producer
Group L&H Producer
Soliciting New Business 31.6%
Soliciting New Business 33.8%
Management/ Personnel/Agency Administrative 10.1%
Management/ Personnel/Agency Administrative 6.0%
PRODUCER INFO
Personal Training/ Education/
Personal Training/ Education/
Servicing Existing Accounts 51.8%
Servicing Existing Accounts 53.7%
Professional Development 6.6% %
Professional Development 6.6% %
SERVICE STAFF INFO
TECHNOLOGY
INSURANCE CARRIERS
2006 Best Practices Study
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